FAT Brands Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective April 29, 2025, Robert Rosen stepped down from his position as Co-Chief Executive Officer of FAT Brands Inc. (the “Company”), and Taylor Wiederhorn was appointed Co-Chief Executive Officer of the Company. Mr. Rosen will continue to serve as an outside consultant and strategic advisor to the Company. Kenneth Kuick will continue to serve as the other Co-Chief Executive Officer and Chief Financial Officer of the Company.
Mr. Wiederhorn, age 36, has served as a director of the Company since March 2023, and has been the Chief Development Officer of the Company since October 2017. He graduated from the USC Marshall School of Business with a Bachelor of Science degree in Business Administration with a concentration in Corporate Finance. There was no change in Mr. Wiederhorn’s compensation in connection with his appointment as Co-Chief Executive Officer of the Company, and there are no transactions or proposed transactions to which the Company is a party or an intended party in which Mr. Wiederhorn has or will have a material interest subject to disclosure under Item 404(a) of Regulation S-K, other than in connection with his current employment relationship with the Company. Mr. Wiederhorn is the son of Andrew Wiederhorn, grandson of Donald Berchtold, nephew of Tyler Child and brother of Thayer Wiederhorn and Mason Wiederhorn, none of whom have a material interest in his employment or share a household with him.
Mr. Rosen agreed to serve as an outside consultant and strategic advisor to the Company following his departure as Co-Chief Executive Officer and Head of Debt Capital Markets. As a consultant, Mr. Rosen will receive monthly compensation of $45,833.33 and will advise the Company and its subsidiaries primarily in the areas of debt and equity capital markets activities and strategies. He will also continue to vest in his previously awarded equity grants under the Company’s 2017 Omnibus Equity Incentive Plan while he serves as a consultant.
Item 7.01 Regulation FD Disclosure.
On April 29, 2025, the Company issued a press release announcing the departure of Robert Rosen and appointment of Taylor Wiederhorn as Co-Chief Executive Officer of the Company. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference into this Item 7.01 in satisfaction of the public disclosure requirements of Regulation FD. The information in the attached press release is “furnished” and not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release, dated April 29, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: May 2, 2025
| FAT Brands Inc. | ||
| By: | /s/ Kenneth J. Kuick | |
| Kenneth J. Kuick | ||
| Chief Financial Officer | ||